Jim Cramer says China must follow through on its fentanyl-related promise or risk President Trump suspending talks.
Fentanyl issues could derail the prospects of a U.S.-China trade deal if the Chinese government does not crack down on the highly-addictive pain relieve in good faith, CNBC's Jim Cramer said Monday.
The People's Republic of China on Monday followed through on a pledge, though short of immediacy, it made in December to list the drug as a controlled substance. The new rule goes into effect May 1st. The Nasdaq had the biggest gain — 16 percent — to open the year. The S&P 500 rallied 13.1 percent and the Dow Jones Industrial Average added 11 percent in the first quarter. The indexes all added more or less 1.2 percent during Monday's session.
Cramer took a look at the Dow's highest-performing stocks in the first quarter to predict the future.Cramer said he did not expect Lyft shares to get hit so hard on Monday after their after a positive Friday debut on the stock market.
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